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Accountant Terms


  > Cash Method Of Accounting
Accounts for income and expenses when actually received or paid.
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  > Statement
A formal written summary of outstanding invoices.
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  > Accrual Method Of Accounting
In the context of a financial audit, audit findings represent weaknesses or deficiencies in internal controls, or instances of noncompliance with applicable laws and regulations, that are presented in an audit report.
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Did You Know?    
 
 
There are different types of accountants.
Accountants specialize in a variety of fields including, but not limited to, audit, budget analysis, financial, management and tax accounting.

 
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Latest News
  Latest accountant news in New York and nationwide:

Jun 20, 2006 - St. Kitts-Nevis to Host 2007 Conference of Chartered Accountants
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The September 1, 1994 IRS raid came about as the result of a plot hatched by a former chief in-house accountant while he w...
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